The procurement cost of the corvettes and systems will be EUR 1.3 billion

The projected cost of the Squadron 2020 project is EUR 1.3 billion. This covers the vessels, combat system and project costs.

Also systems from other development programmes and equipment from the vessels to be decommissioned will be installed. Their value will total to 40-60 billion euros.

Maintenance and servicing

In addition to the cost of the vessels, there is also the cost of use, maintenance and servicing. It is possible that the vessels will have to be refurbished after 15 years of operation.

As estimated by the Navy, the maintenance costs of new vessels will not exceed those of old vessels. Use and maintenance will be financed from the regular budget of the Defence Forces.